US Multicultural Media Spend to Grow at Accelerated 8.3% to 45.8B in 2024, as Hispanic, African & Asian American Markets Benefit from Influx of Political & Sports Dollars

United States multicultural advertising and marketing spending, including Hispanic, African and Asian American markets, is expected to surge 8.4% to a record $45.83 billion in 2024, following decelerating growth of 5.7% in 2023 compared with the strong upswing in 2022, according to new research released today by PQ Media, the world’s leading provider of media … Read more

Census Bureau Projects U.S. and World Populations on New Year’s Day

As the nation prepares to ring in the new year, the U.S. Census Bureau today projected the U.S. population will be 335,893,238 at midnight EST, on Jan. 1, 2024. This represents an increase of 1,759,535 (0.53%) from Jan. 1, 2023, and 4,443,957 (1.34%) from Census Day (April 1) 2020. In January 2024, the United States … Read more

2023 HMC – Hispanic Market Guide explores Inclusivity, Intersectionality, Trust, Bingeability in Entertainment, Media Consumption & More …. [DOWNLOAD REPORT HERE]

The Hispanic Marketing Council (HMC) has released its highly anticipated 2023 Hispanic Market Guide, the most comprehensive resource on the U.S. Hispanic market featuring top trends, business-building insights, up-to-date market data as well as in-depth reports on the proliferation of Hispanic-focused audio and the disruptive power of Hispanic creativity. Latinos are driving a cultural and … Read more

Education Does Not Resolve Gender Wage Gap

By Kevin McElrath and Erik L. Hernandez Even among bachelor’s degree holders in the same field of study, women generally earned significantly less than men in 2022, according to new data released by the U.S. Census Bureau. A recently released table package shows that men with a bachelor’s degree or higher earned more than women … Read more

Beyond Stereotypes: Embracing Specificity for Authentic Multicultural Marketing

By Mario X. Carrasco Multicultural marketing has emerged as a critical strategy for brands seeking to reach and engage a broader audience in today’s interconnected, global marketplace. However, the days of generic, one-size-fits-all campaigns are long gone. Today’s discerning consumers demand authenticity and cultural relevance, and it’s up to brands to rise to the challenge … Read more

Overcoming the Limits of Multicultural Marketing [PODCAST]

By Mario X. Carrasco While diversity and inclusion have recently come under fire in several industries, the expectation consumers set in 2020 for brands to be more inclusive stands. A ThinkNow study revealed that over 45% of consumers are willing to go out of their way to shop at a store they’ve never frequented if … Read more

The economic state of Latinos in America: Advancing financial growth

Financial services and the tools they provide can be invaluable for economic mobility and wealth building, but many of the benefits have been hard to reach for Latinos, many of whom live with unmet needs. While they represent about 20 percent of the US population and are a growing economic bloc, Latinos have not had … Read more

Creative and Audience Modeling Should Be Front and Center

By Alistair Goodman Third-party cookies are finally set to deprecate on Chrome in 2024, but the industry is still reluctant to change. So long as cookies remain available, advertisers, publishers, and their partners will continue to rely on a soon-to-be-old, data-rich way of targeting audiences. To read more, CLICK HERE. Courtesy of Association of National … Read more

“AI” voted ANA 2023 Marketing Word(s) of the Year

Since 2014, the ANA has surveyed our members to select the ANA Marketing Word of the Year. The ANA staff identifies a list of finalists and then asks members to cast their votes to determine the winner. The survey has two questions: What word should be the ANA Marketing Word of the Year? Why did … Read more

Teens, Social Media and Technology 2023 [REPORT]

Despite negative headlines and growing concerns about social media’s impact on youth, teens continue to use these platforms at high rates – with some describing their social media use as “almost constant,” according to a new Pew Research Center survey of U.S. teens. The survey – conducted Sept. 26-Oct. 23, 2023, among 1,453 13- to … Read more

Brands missing social opportunities of sponsorship

Brands are also underestimating the importance of monitoring and evaluating the impact of sponsorship, says the WFA Evolution of Sponsorship report, produced in partnership with Lumency. But almost half (42%) of brands surveyed are not yet using their sponsorships to advance and demonstrate their sustainability and/or social equity agendas. A further 9% don’t know what … Read more

The Jury Speaks

Circulo Creativo has gathered top creative executives that have participated as Jury Members to discuss their experiences. CLICK HERE to view the jury insights.  

Creative Trends Report 2024 [REPORT]

Our annual trends report 2024 cuts through creative industry trends and explores the power of world building and storytelling to shape new futures. Drawing on the collective research and insights of strategists, futurists and innovators from across our global network, our Creative trends report elevates the power of hope in a volatile world, and provides … Read more

A Picture’s Worth a Thousand Words – But Are They the Right Ones?

By Hanna VanKuiken It’s long been said that an image is worth a thousand words. Expressions, lighting, context and scenery, movement, color, and gestures are some of the elements that photography uses to deliver complex and layered messages that can be “read” in an instant. It’s for this reason that photography is one of the … Read more

Attitudes on an Interconnected World [REPORT]

By Richard Wike, Janell Fetterolf, Moira Fagan and Sneha Gubbala How close do people feel to others around the world? How much do they want their countries involved in international affairs? How do people’s experiences with travel and feelings of international connectedness relate to their views about the world? These are among the questions we … Read more

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